Ann: Update to LIFX Acquisition Financing Arrangements, page-2

Excuse my ignorance on this question but i am pretty confused.

Can someone explain why we are paying Attalis & Capricorn EACH 600K + 15 million options? Reading the language in the announcement it would appear as though they helped arrange the trade finance facility of 20 mill.

If such advise was needed...why do we need 2 firms? If we did need 2 firms, is 600K each (6% total) a normal fee? Is there no one in house who could go out and get financing that wouldn't cost the company 1.2 million? I don't get it and hope i am missing something.

How do we value the options? Are the options further compensation on top of the 1.2 mill in cash they are getting.

Again, sorry for the lack of understanding here and would appreciate it if someone could explain what has happened. Thanks